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Cerner reports $1 5B in revenue, raises full-year guidance
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Cerner s Q2 revenue up 9% to $1 5B, operating earnings down 66%
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The coronavirus pandemic has usurped normal operations of American healthcare, spurring an unprecedented shift to digitally delivered care and leaving many providers scrambling to retain patient volume and revenue.
The public health and financial devastation of COVID-19 can t be overlooked, but the pandemic has also created opportunities to leverage tech for EHR vendors, Big Tech and health IT leaders, experts said at last week s CHIME21 Spring Forum, hosted by the College of Healthcare Information Management Executives. In terms of durable change, I think we re in that window now where we need to think about what is that new normal and where do we go from here, Cerner President Don Trigg said at the conference.
Operator
Welcome to Cerner Corporation s Fourth Quarter 2020 Conference Call. Today s date is February 10, 2021, and this call is being recorded.
The company has asked me to remind you that various remarks made here today constitute forward-looking statements including, without limitation, those regarding projections of future revenues or earnings, operating margins, operating and capital expenses, bookings, new solutions, services and offering development and capital allocation plans, cost optimization and operational improvement initiatives, future business outlook, the expected benefits of our acquisitions, divestitures or other investments or collaborations and the expected impact of the COVID-19 pandemic. Actual results may differ materially from those indicated by the forward-looking statements.
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